CFD Trading – Buy China Rail Cons (1186.HKE) at $5.08. Stop at $4.80 and Target at $5.54.

CHINA RAIL CONS   Stock Code 1186.HKE


Price rebounded from the thick cloud support, keeping the uptrend intact. There is a bullish conversion and base lines crossover that hints at a potential upside ahead. Lagging span is above price of 26 days ago and above the cloud, confirming the bullish price trend. MACD is bullish and is turning up, and a bullish MACD crossover is likely in the coming session. These could increase chances of the stock price moving higher.


$5.08                 Buy

$5.54                 Price Target

$4.80                 Risk Management Stop

2 weeks              Trade Duration

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.